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Miss

Submitted by loveboltz on April 3, 2007

Category: Miscellaneous
Words: 1953 | Pages: 8
Views: 194
Popularity Rank: 59,433
Average Member Grade: N/A (Add a Comment / Grade this Paper)

Site selection is the process of choosing the optimal location for a business based on accessibility to and availability of customers as well as considerations such as space costs, size, and other physical characteristics, zoning regulations, investment tax credits, and the quality of the available workforce. The greater the perceived value of the goods offered, the greater the effort a consumer is willing to expend in order to reach the seller's place of business. For example, a grocery store in a rural area with limited competition does not have to worry about accessibility as much as a dry cleaner in an urban area with numerous competitors.

The very first thing that Mr. Elmer Eggen needs to do is to do an extensive market research to gather information on the fast food restaurant market in China. This research would seek to answer questions relating to the four P's of marketing – Price, Production, Promotion and Place. For the purpose of this case we will focus our attention on the final P –Place.

The Location of any business or rather selecting the towns and sites for a branch of a McDonald store involves more than just choosing a building; especially as it relates to the international marketing. It is important to recognize that a firm does not emerge into an international market but that it has to build brand awareness. One key to ensure element that helps to build brand awareness is the location of the building.

Within the retail industry the adage is "the three keys to success are ‘location, location, location". Which is why McDonald must ensure that the location selected is optimal. In order to achieve this goal, there are several basis for selecting suitable towns and sites within a town for a branch of McDonald. Some of them are finance, structural requirement of the building, population of the town, culture, town infrastructure, transportation network, energy facilities, zoning laws,
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